BENTONVILLE, Ark. — Walmart got off to a rousing start to its 2025 fiscal year, with first quarter revenue and profits that beat Wall Street’s expectations. Beyond the numbers, though, management could also take satisfaction in the strong evidence that its growth strategy is working, particularly its commitment to omnichannel retail. Investors apparently agreed, driving
WASHINGTON — U.S. retail sales were unchanged in April from March as inflation continued to sting and interest rates made taking on debt more burdensome. April’s core retail sales as defined by the National Retail Federation (NRF) — based on U.S. Census Bureau sales figures, but excluding automobile dealers, gasoline stations and restaurants — declined
ZAANDAM, Netherlands — With fiscal 2024 off to a solid start, Ahold Delhaize is setting its sights on accelerating growth across the 16 brick-and-mortar retail and e-commerce brands that it operates in Europe, the United States and Asia. “Further simplifying our organization and maintaining a strong cadence in our Save for Our Customers program to
PALM BEACH, Fla. — Kevin Host, senior vice president of Walmart health, wellness and pharmacy and new chair of the National Association of Chain Drug Stores, considers retail pharmacists to be in the early stages of “our journey to create the next generation of pharmacies, where technology and personalized care intersect.” “We are creating what
ATLANTA — Kroger Health, the health care division of Kroger Co., announced the expansion of value-based care offerings through The Little Clinic (TLC), a move that addresses health care needs of seniors in Georgia. Kroger is collaborating with Better Health Group, a value-based primary care physician group and managed services organization, to launch primary care
WOONSOCKET, R.I. — CVS Pharmacy has debuted Well Market, a store brand consumables line featuring nutritious snacks, beverages and groceries. “Our goal at CVS Health is to be the most consumer-centric health care solutions company,” said chief merchandising officer Musab Balbale. “Through this repositioning and expansion of our food and beverage portfolio, we are doing
PALM BEACH, Fla. — The National Association of Chain Drug Stores has recognized past chair Randy Edeker with the industry’s highest honor: the Sheldon W. Fantle Lifetime Achievement Award. Edeker served as chair of NACDS from 2015 to 2016. At Hy-Vee, which he joined as a part-time employee, he held the titles of chairman, chief
ARLINGTON, Va. — Two years of rapid food inflation doesn’t appear to have dimmed consumers’ view of the grocery shopping experience, according to the latest annual report on shopping trends from FMI – The Food Industry Association (FMI), which finds that shoppers enjoy food shopping as much as ever. For more than four decades, FMI
“Gentlemen, we can rebuild him. We have the technology. We have the capability to make the world’s first bionic man. Steve Austin will be that man. Better than he was before. Better … stronger … faster.” Those words are part of the opening narration from each episode of “The Six Million Dollar Man,” a television
The current mindset of consumers as they shop for food, beverages and other household staples is surprisingly positive. Despite persistent concerns about food price inflation, the majority of Americans enjoy the experience. That’s one of the key findings in “U.S. Grocery Shopper Trends: Finding Value,” part of a series of reports issued annually by FMI
Ahoy there! As we sail through the ever-changing seas of the omnicommerce landscape, it’s time to take a fresh look at the old ship of category management, especially the role of category captaincy. Since the Category Management Association introduced Catman 2.0 in 2020, it’s been clear: We need to chart new courses to understand and
Much has been discussed about the phenomenal rise of retail media networks (RMNs) in the digital space dominated by Amazon, which has 75% market share and is now the third-largest ad network in the world behind Google and Facebook. Powered by retailers’ first-party data from e-commerce transactions and loyalty programs, there are now over 200